Per Option Amount definition

Per Option Amount means, with respect to any amount as it relates to a Company Option, the product of (i) the number of shares of Company Common Stock issuable upon exercise of such Company Option, and (ii) the Per Share Amount.

Per Option Amount means, with respect to each right to acquire one (1) Titan Limited Partner Unit represented by an outstanding Option, an amount equal to the Per LP Unit Partnership Merger Consideration minus the applicable exercise price per Titan Limited Partner Unit for such Option.

Per Option Amount means an amount equal to the quotient of (A) the sum of the Aggregate Cash Consideration plus the Aggregate Guaranty Stock Value divided by (B) the number of Diluted Westbound Shares, rounded to the nearest cent.

Examples of Per Option Amount in a sentence

• In determining the Per Option Amount, the Company valued the Eligible Options using the Black-Scholes stock option pricing model.

• If a different model, different assumptions or a different averaging period had been used, the amount payable in the Offer for an Eligible Option may have varied from the applicable Per Option Amount reflected in the Offer.

• To the extent that any Westbound Option that has an exercise price per share of Westbound Common Stock that is greater than or equal to the Per Option Amount, such Westbound Option shall be cancelled in exchange for no consideration.

• Our obligation under the Offer to accept tendered Eligible Options and to pay the Per Option Amount is subject to conditions, including the conditions described in Section 7 of this document.

• The actual amount you will receive under the Offer will be determined upon the Offer Termination Date by: • summing the total cash value of each Eligible Option (i.e., the Per Option Amount multiplied by the number of option shares) that you have tendered (the “Total Payment”); and • subtracting applicable tax withholdings.

More Definitions of Per Option Amount

Per Option Amount means, with respect to each outstanding Stock Option, an amount equal to the Per Share Amount minus the exercise price that would be paid to the Corporation in respect of such Stock Option had such Stock Option been exercised (and the exercise price paid in cash) immediately prior to the Closing in accordance with the terms of the applicable option agreement with the Corporation pursuant to which such Stock Option was issued.

Per Option Amount has the meaning set forth in Section 3.1.

Per Option Amount has the meaning set forth in Section 1.8(c).

Per Option Amount means an amount equal to the quotient of (A) Aggregate Merger Consideration

Per Option Amount is defined in Section 2.5(a).

Per Option Amount means, with respect to each Option, the amount, if any, by which the Per Common Share Amount exceeds the exercise price of each share of Non-Voting Common Stock for which such Option may be exercised.

Per Option Amount means, in respect of each share of Company Common Stock subject to a Vested Company Option held by a Non-Continuing Employee, an amount, if any, of cash equal to the excess of the Per Share Amount over the applicable per share exercise price of such Vested Company Option.